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The business mileage reimbursement rate is an optional standard mileage rate used in the United States for purposes of computing the allowable business deduction, for Federal income tax purposes under the Internal Revenue Code, at 26 U.S.C. § 162, for the business use of a vehicle. Under the law, the taxpayer for each year is generally ...
Is your company complying with the rules and policies surrounding employee mileage reimbursement? Here are the main things you need to know. Employee Mileage Reimbursement: 6 Commonly Asked Questions
MileIQ is an app that automatically tracks and logs mileage for business purposes. It was founded in 2013, acquired by Microsoft in 2015, and is now owned by MileIQ LLC since 2021.
Here are the 2023 mileage reimbursement rates: Business use: 65.5 cents per mile. This mileage rate for business increased by 3 cents from 62.5 cents per mile in 2022. Military moving: 22 cents ...
Per diem is a Latin term for "per day" or "for each day" and refers to a daily allowance given to cover living expenses when travelling on business. Learn about the per diem rates and rules in different countries, such as the US, the UK, Russia and the EU, and how they apply to various sectors and activities.
A vehicle miles traveled tax (VMT) is a policy of charging motorists based on how many miles they have traveled. It is proposed as an alternative to fuel tax in some countries and states, and can be implemented using GPS or other technology.
Frequent-flyer programs were once based on the number of flights taken or miles flown. In recent years, however, they have been fueled by spending that consumers conduct using airline-branded ...
Interstate 77 (I-77) is a part of the Interstate Highway System that runs 610.10 miles (981.86 km) from Cayce, South Carolina to Cleveland, Ohio.In the U.S. state of North Carolina, I-77 travels a total of 105.7 miles (170.1 km) from the South Carolina state line in the city of Charlotte to the Virginia state line north of Mount Airy.
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